1205 – 1215 Penny Ln - Commercial LAND FOR SALE


Fernley, NV 89408 262,667 SF
$1,999,000 USD
775-823-6983
1205 – 1215 Penny Ln, Fernley, NV for Sale
$1,999,000 USD
Commercial LAND - FOR SALE
1/2
262,667 SF

1205 – 1215 Penny Ln
Fernley, NV 89408


HIGHLIGHTS

  • Prime Location: The property is conveniently located within Fernley’s commercial epicenter, making it an ideal spot for commercial development.
  • Proximity to Employment Centers: The land is also strategically situated in the heart of Fernley’s commercial development and employment center.
  • Ample Water Rights: The land includes 50-acre feet of water rights, a valuable resource for development.
  • Zoning Advantage: The site is zoned C2, or General Commercial, which allows for a wide range of commercial uses.
  • Strong Job Growth: Fernley has experienced significant job growth in recent years.
  • Established Key Employers: The Fernley market is home to well-known and successful companies like Bear Paw, Sherwin Williams, Trex Decks, and Walmart.

OVERVIEW

CBRE is pleased to present for sale 1205 and 1215 Penny Lane, two commercially-zoned parcels totaling ±6.03 acres situated just south of Fernley’s commercial epicenter, featuring 50 acre feet of water rights. The site is zoned C2 (general commercial), allowing for various commercial development possibilities from hotels and restaurants to multifamily. Fernley has experienced significant job growth in recent years, attracting a diverse range of employers, fueling demand for commercial spaces, making the property an attractive investment opportunity within a growing community.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/ACRE

$331,509/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

6.03 AC

LAND SF

262,667 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2

APN/PARCEL ID

021-272-31,021-272-38

ASK ABOUT THIS PROPERTY

Aiman NoursoultanovaCBRE, Inc.More Info
775-823-6983

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Aiman NoursoultanovaCBRE, Inc.More Info
775-823-6983

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.